We have recently introduced a new investment product, a Cash Management Account (CMA) to run alongside our first mortgage investment product.
There are no fees payable on the CMA product. The CMA is directly linked to our Trust Account.
The purpose and benefits of the CMA account is to hold your investment funds pending settlement of a new first mortgage investment or when an investment is repaid, so there is no “down time” and you continue to generate income whilst waiting for another suitable first mortgage opportunity.
You continue to remain in control of the funds in the CMA account and they will never be re-invested into another first mortgage, without your consent, whilst earning interest during this time.
If you would like your funds to be retained in the CMA account in between mortgage investments, please contact us and we can put this in place for you.
Additionally, you may wish to have your monthly interest payments retained in the CMA account. This has the power of letting your interest accrue whilst you also “earn interest on your interest”, thus further enhancing your investment returns.
The CMA presently accrues interest at a rate of 1.3%pa and will be payable to you monthly in arrears (when we process our monthly interest run).
2018 has been an innovative year for the Fund and we look forward to further enhancing your experience as a Member in the new year, with the imminent roll out of an online portal, where you will be able to access real time information about your investment portfolio, new investment opportunities that are available and access to your monthly statements and annual investment statements. We will update you again on this shortly, when the system goes live.
We take this opportunity to thank you for investing with us this year. Our office will be closed from Friday 21 December 2018 and will re-open on Monday 7 January 2019. We continue to check emails during this time for any matters that are urgent. We wish you and your families a relaxing break and look forward to doing business again in 2019.